U.S. Treasury Secretary Scott Bessent plans to manage the country’s debt using money-market funds and stablecoins, which are pegged to the U.S. dollar. Stablecoin market is at $312 billion, with money-market funds at $7.5 trillion. The GENIUS Act regulates stablecoins, aiming to make them a major source of U.S. Treasury bill demand.

America’s debt is at $38.09 trillion, with $2.18 trillion added in a year. During a 43-day government shutdown, $619 billion was borrowed. Bessent plans to adapt to demand shifts, including stablecoins and leverage-rule reforms, while maintaining regular issuance.

Stablecoins scaling to multi-trillion dollars could become key U.S. debt buyers, easing funding pressures. Further details expected in December Monthly Debt Update. This strategy was reported by TheStreet on Nov 13, 2025, in the Policy section.

Read more at Yahoo Finance: Treasury Secretary Bessent reveals plan to tackle soaring $38T debt